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Source: IRS Form 990 via ProPublica Nonprofit Explorerⓘ Leadership data below reflects a more recent filing (Tax Year 2024) from the IRS e-file system.
Total Revenue
▼$9.1M
Total Contributions
$9.1M
Total Expenses
▼$709.8K
Total Assets
$9.9M
Total Liabilities
▼$191.2K
Net Assets
$9.7M
Officer Compensation
→$72.5K
Other Salaries
$47.8K
Investment Income
▼$24.8K
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$3.3M
Awards Found
2
Department of Housing and Urban Development
$2.4M
ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING, AND MISCELLANEOUS GRANTS
Department of Housing and Urban Development
$850K
PURPOSE: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING AWARDS ARE AUTHORIZED UNDER THE CONSOLIDATED APPROPRIATIONS ACT, 2022 PUBLIC LAW 117-328 AND THE EXPLANATORY STATEMENT FOR DIVISION L OF THAT ACT. PROJECTS SELECTED FOR COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING ARE LISTED IN THE JOINT EXPLANATORY STATEMENT (JES) THAT ACCOMPANIES A SPECIFIC FISCAL YEAR’S APPROPRIATIONS ACT OR CONGRESSIONAL RECORD. THE JES LISTS PROJECT, RECIPIENT, STATE, AMOUNT AND CONGRESSIONAL SPONSOR.; ACTIVITIES TO BE PERFORMED: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING AWARD PROJECTS INCLUDE A WIDE VARIETY OF ACTIVITIES THAT RESULT IN ECONOMIC DEVELOPMENT OR COMMUNITY DEVELOPMENT OUTCOMES. HUD WILL NOT KNOW THE FULL SCOPE OF THE PROJECT UNTIL THE RECIPIENT SUBMITS THE REQUIRED PROJECT NARRATIVE AND CONFIRMS ALIGNMENT WITH THE LANGUAGE AS PROVIDED IN THE CONGRESSIONAL RECORD. TO FIND THE DETAILS OF THE GRANT AWARD AS WRITTEN WITHIN THE CONGRESSIONAL RECORD USE THE FOLLOWING LINK AND PATH SELECTIONS TO GET TO THE DESCRIPTION OF THE ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING GRANTS HTTPS://WWW.HUD.GOV/PROGRAM_OFFICES/COMM_PLANNING/EDI-GRANTS, SELECT THE FISCAL YEAR OF INTEREST, SCROLL DOWN TO PROGRAM LAWS AND REGULATIONS, UNDER FISCAL YEAR 20XX CONSOLIDATED APPROPRIATIONS ACT, 20XX: CONGRESSIONAL RECORD (JOINT EXPLANATORY STATEMENT).; EXPECTED OUTCOMES: COMPLETION OF THE PROJECT AS DESCRIBED IN THE JOINT EXPLANATORY STATEMENT (JES) PROJECT DESCRIPTION AND SUBSEQUENT APPROVED PROJECT NARRATIVE.; INTENDED BENEFICIARIES: THE PROJECT BENEFICIARIES ARE THE INDIVIDUALS AND/OR ORGANIZATIONS THAT ARE AWARDED GRANT FUNDS OR SERVED BY THE ENTITIES THAT ARE AWARDED GRANT FUNDS AS IDENTIFIED IN THE JES RECIPIENT OR PROJECT DESCRIPTION SECTIONS.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
1
Clean Audits
1
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $1.6M | No | 2025-09-22 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.6M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $9.1M | $9.1M | $709.8K | $9.9M | $9.7M |
| 2022 | $1.5M | $1.5M | $296.2K | $1.3M | $1.3M |
| 2021 | $161K | $160.8K | $5,380 | $179.8K | $179.8K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| Total |
|---|
| David Ginsburg | Executive Director | 40 | $156.3K | $0 | $19.3K | $175.7K |
| Jack Greenberg | Treasurer | 3 | $0 | $0 | $0 | $0 |
| Shelley Morhaim | President | 5 | $0 | $0 | $0 | $0 |
| Barry Williams | Vice President | 2 | $0 | $0 | $0 | $0 |
| Isaac Hametz | Secretary | 3 | $0 | $0 | $0 | $0 |
David Ginsburg
Executive Director
$175.7K
Hrs/Wk
40
Compensation
$156.3K
Related Orgs
$0
Other
$19.3K
Jack Greenberg
Treasurer
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Shelley Morhaim
President
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Barry Williams
Vice President
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Isaac Hametz
Secretary
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Rachel Trask | Dir. Of Development | 40 | $152.9K | $0 | $15.1K | $168K |
Rachel Trask
Dir. Of Development
$168K
Hrs/Wk
40
Compensation
$152.9K
Related Orgs
$0
Other
$15.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Beth Rheingold Phd | Director | 2 | $0 | $0 | $0 | $0 |
| Deane Rundell Falsa | Director | 2 | $0 | $0 | $0 | $0 |
| Hon Cheryl Pasteur | Director | 2 | $0 | $0 | $0 | $0 |
| Larry Rosenberg | Director | 2 | $0 | $0 | $0 | $0 |
| Larry Schugam | Director | 2 | $0 | $0 | $0 | $0 |
| Lisa Radov | Director |
Beth Rheingold Phd
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Deane Rundell Falsa
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Hon Cheryl Pasteur
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2 |
| $0 |
| $0 |
| $0 |
| $0 |
| Max Rozga | Director | 2 | $0 | $0 | $0 | $0 |
| Vince Jordan | Director | 2 | $0 | $0 | $0 | $0 |
Larry Rosenberg
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Larry Schugam
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Lisa Radov
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Max Rozga
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Vince Jordan
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0